First Trust Global Tactical Commodity Strategy Fund
FTGC
41 hedge funds and large institutions have $172M invested in First Trust Global Tactical Commodity Strategy Fund in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 10 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
23% more capital invested
Capital invested by funds: $140M → $172M (+$32.5M)
2% less funds holding
Funds holding: 42 → 41 (-1)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
+$29.7M |
| 2 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
+$4.94M |
| 3 |
EMA
Efficient Market Advisors
San Diego,
California
|
+$4.5M |
| 4 |
DCM
DeGreen Capital Management
Scottsdale,
Arizona
|
+$4.5M |
| 5 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
+$3.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$5.57M |
| 2 |
Morgan Stanley
New York
|
-$5.11M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.81M |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$1.63M |
| 5 |
Jane Street
New York
|
-$1.56M |
FTGC Hedge Fund Activity: Q1 2016 in Review
41 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust Global Tactical Commodity Strategy Fund (FTGC) for Q1 2016, worth a combined $172M — up 23% from $140M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FTGC and 9 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 16 added.
The largest buyer was Hays Advisory, opening a new position worth an estimated $29.7M. The largest seller was Raymond James Financial Services Advisors, exiting entirely with an estimated $5.57M sold.
- 41 institutional investors held First Trust Global Tactical Commodity Strategy Fund (FTGC) as of Q1 2016, down from 42 in Q4 2015.
- Funds reported $172M of First Trust Global Tactical Commodity Strategy Fund stock for Q1 2016, up 23% quarter-over-quarter.
- 9 funds opened new First Trust Global Tactical Commodity Strategy Fund positions in Q1 2016 and 10 closed out, a net change of -1 holder.
- The largest First Trust Global Tactical Commodity Strategy Fund buyer in Q1 2016 was Hays Advisory, an estimated $29.7M added.
- The largest First Trust Global Tactical Commodity Strategy Fund seller in Q1 2016 was Raymond James Financial Services Advisors, an estimated $5.57M sold.
Based on aggregated 13F filings for Q1 2016.